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LAUREL, IN 47024

Real Estate Market Report  ·  Franklin County
Balanced Market
September 2026  ·  Source: Realtor.com

Market Analysis

Data as of September 2026. Source: Realtor.com.

The LAUREL, IN real estate market (47024) currently shows 11 active listings, with 2 pending sales. Homes are averaging 120 days on the market before going under contract.

Inventory has tightened compared to last year, with 9 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 120 days on market compared to 104 days last year.

The median listing price has risen 49.9% year-over-year, from $146,750 to $219,950.

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Market Context

Market Context

Population: 2,958  ·  Density: 17.4/mi²  ·  Median household income: $51,250

Typical home value: $111,802  ·  Homeownership: 77.0%

Market Overview

Active Listings
11
⇩ 45% vs 20 last year
Pending
2
18% pending ratio
Median Price
$219,950
⇧ 49.9% vs $146,750 last year
Average Price
$447,922
⇧ 71.4% vs $261,289 last year
Days on Market
120
⇧ 15.4% vs 104 days last year

Price Per Square Foot

Median $/sqft
$147
⇧ 16.7% vs $126/sqft last year
Median Home Size
1,568 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 11 this year vs 20 last year
  • Days on market: 120 now vs 104 last year

Median & Average Pricing

Year over Year
  • Median: $219,950 (+49.9% YoY)
  • Average: $447,922 (+71.4% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 23.8 miles — 100 listings ($30,379,239 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
47024Laurel, IN 470240.0 mi9$1,776,024$119,975$197,336
47036Oldenburg, IN 470366.7 mi2$597,000$298,500$298,500
47012Brookville, IN 4701212.3 mi27$10,764,036$299,450$398,668
47263New Point, IN 4726313.5 mi1$164,900$164,900$164,900
46156Milroy, IN 4615615.1 mi4$669,800$159,950$167,450
46127Falmouth, IN 4612717.8 mi2$818,000$409,000$409,000
47353Liberty, IN 4735318.1 mi14$2,892,610$197,000$206,615
47003West College Corner, IN 4700319.6 mi6$1,260,648$199,900$210,108
47060West Harrison, IN 4706021.0 mi5$2,151,460$442,975$430,292
46155Mays, IN 4615522.2 mi3$472,401$153,000$157,467
47022Guilford, IN 4702222.8 mi4$2,049,000$512,250$512,250
47330Centerville, IN 4733023.5 mi20$6,362,560$262,400$318,128
47352Lewisville, IN 4735223.8 mi3$400,800$125,000$133,600

Frequently Asked Questions

How many homes are for sale in LAUREL, IN 47024?

As of September 2026, there are 11 active listings in LAUREL, IN (zip code 47024), compared to 20 the prior year.

What is the median home price in LAUREL, IN 47024?

The median listing price in LAUREL, IN 47024 is $219,950 as of September 2026, a 49.9% increase from $146,750 the prior year.

How long do homes stay on the market in LAUREL, IN?

Homes in LAUREL, IN 47024 spend an average of 120 days on the market before going under contract, compared to 104 days the prior year.

Is it a seller's or buyer's market in LAUREL, IN 47024?

Based on current inventory and days-on-market data as of September 2026, LAUREL, IN 47024 is currently a Balanced Market. Inventory has tightened compared to last year, with 9 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 120 days on market compared to 104 days last year.

How much can I save on real estate commission in LAUREL, IN?

With SELL123.com's maximum 3% commission, sellers in LAUREL, IN 47024 save an estimated $4,399 compared to a typical 5% commission on the median listing price of $219,950. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.